Transportation of the support foundations of the central technological platform to the Vladimir Filanovsky field, which is being developed by LUKoil on the north of the Caspian Sea, started yesterday from Astrakhan via the Volgo-Don canal, reported LUKoil press office.
In the near future the support foundations will be positioned and fastened on the sea bottom.
The support foundations of the sleet proof drilling stationary platform, the residential module and riser bloc have been already installed on the field.
In 2014 upper structures of all four platforms and the crossovers between them will be installed on the support foundations. All these facilities are built at the Astrakhan ship building plant by LUKoil’s order.
The operation drilling is planned to start on the field in 2014 and oil production - at the end of 2015.-0—
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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